IP Core & Edge Routers and Switches Market
IP Core & Edge Routers and Switches Market Global Industry Assessment & Forecast
#
Pages:
136
2021
Nov - 2021
VMR-2021-0327
Segments Covered
By
Type Multiservice Edge Router, Ethernet Service Edge Router, Hard Cores, Soft Cores
-
By
Application Oil and Gas, Manufacturing, Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
5699 Million |
 Revenue 2028:
|
8351 Million |
 Revenue CAGR
(2021 - 2028): |
4.89 |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
FAQ
Frequently Asked Question
What is the global demand for IP Core & Edge Routers and Switches in terms of revenue?
-
The global IP Core & Edge Routers and Switches valued at 5699 Million in 2020 and is expected to reach 8351 Million in 2028 growing at a CAGR of 4.89%.
Which are the prominent players in the market?
-
The prominent players in the market are Alcatel-Lucent, ZTE Corporation, Ciena, Juniper Networks, Huawei Technologies, Cisco..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.89% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the IP Core & Edge Routers and Switches include
- Enhancing performance helps reduce energy expenditure and improves the process execution time thus decreases the operational costs of the company This is driving factor for IP Core & Edge Routers and Switches Market.
- Rise in demand for PLC devices due to their costlier loop processing function and multiple operative abilities which is another driving factor for IP Core & Edge Routers and Switches Market.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the IP Core & Edge Routers and Switches in 2020.
